TRADE TARIFFS

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Jan 28 2025POLITICS

Canada's Election: A Plan to Hit Back at U. S. Tariffs

Chrystia Freeland, a Canadian politician running for prime minister, thinks it's time to fight back against U. S. President Trump's tariff threats. She wants to hurt the U. S. economy where it matters most. For example, she mentioned targeting Florida orange growers, Wisconsin dairy farmers, and Mic

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Jan 22 2025POLITICS

Trump's Hasty Trade Deal Revision

President Trump is in a hurry to renegotiate the US-Mexico-Canada trade agreement, or USMCA, far earlier than its planned 2026 review. The reason? He wants to secure American auto jobs and stop Chinese auto companies from establishing themselves in Mexico. By strengthening rules to keep auto factori

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Jan 15 2025POLITICS

Trump's New Tariff Plan: A Rebranded IRS for Global Fees

President-elect Donald Trump announced his intention to create a new agency, the External Revenue Service, to collect tariffs and other revenues from foreign countries. He shared his plan on Truth Social, comparing it to the Internal Revenue Service, which deals with domestic taxes. To make this hap

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Nov 26 2024FINANCE

Market Jump: Investors Hail Trump's Treasury Pick

U. S. stocks had a major celebration on Monday, with big indexes hitting all-time peaks. Meanwhile, Asia-Pacific markets took a small dip on Tuesday, with Japan's Nikkei 225 dropping 1. 38%. Chinese and Hong Kong markets stayed steady. Investors are cheering for Scott Bessent, Donald Trump's choice

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